Comment Comment by jonnycomputer More Biden policy winning back investment in America, is my take.Update:People who may not have been following closely what Biden has accomplished during his Presidency might have questions.In this case, the Inflation Reduction Act specifically has credits to encourage battery manufacture in the US.https://www.orrick.com/en/Insights/2022/11/Section-45X-of-th...More generally, the IRA and the Infrastructure Investment and Jobs Act, and the CHIPS act has encouraged investment in US manufacturing, which is surging.https://www2.deloitte.com/us/en/insights/industry/manufactur... parent jonnycomputer 2 years ago
Update:
People who may not have been following closely what Biden has accomplished during his Presidency might have questions.
In this case, the Inflation Reduction Act specifically has credits to encourage battery manufacture in the US.
https://www.orrick.com/en/Insights/2022/11/Section-45X-of-th...
More generally, the IRA and the Infrastructure Investment and Jobs Act, and the CHIPS act has encouraged investment in US manufacturing, which is surging.
https://www2.deloitte.com/us/en/insights/industry/manufactur...